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Memoirs of Extraordinary Popular Delusions - MACKAY Charles - 1841. 
1841 - MACKAY, Charles. Memoirs of Extraordinary Popular Delusions. London: Richard Bentley, 1841. Three volumes. Octavo, contemporary three-quarter tan calf rebacked with original gilt-decorated spines and red and black morocco spine labels laid down, raised bands; marbled boards, endpapers, and edges. $18,000.First edition of this highly entertaining and exceptionally influential early study of crowd behavior, a long-standing and classic guide to both popular psychology and the stock market, in handsome contemporary binding.Charles Mackay, a noted Scottish poet and journalist, attempted in this work to document and explain major "popular delusions" or seemingly irrational instances of mass action and belief. "Men," the author contends, "think in herds; it will be seen that they go mad in herds." In developing his theories of mass behavior, Mackay analyzes a breadth of historical examples ranging from witch hunts, alchemists, and famous haunted houses to the South Sea Bubble of 1720 and the Crusades. The impact of Mackay's work has been remarkably far-reaching, influencing such diverse fields as popular psychology and the charting of the stock market-as noted by The New York Times, which urged: "Any investor who has not read Charles Mackay's 'Tulipomania,' from his classic Extraordinary Popular Delusions, first published in 1841, should grab this book for that exercise alone." Each volume with frontispieces; Volume III with two additional plates. All volumes bound with half titles. Norman 1406. Kress C.5560. Owner pencil annotation to half title of Volume II.Interiors fine; expert restoration to contemporary binding. A handsome copy in a contemporary binding of this influential work. [Attributes: First Edition; Hard Cover]
[Bookseller: Bauman Rare Books]
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